Leading The Way In A Changing Industry
Nearly 39 million people live in apartments, and the apartment industry is quickly exceeding capacity. (Source: National Multifamily Housing Council)
Today’s renter is looking for something other than an apartment complex that doesn’t offer privacy or their own backyard. And while single-family homes can provide these features, they typically come with more upkeep and maintenance issues than renters want. Christopher Todd Properties has created an intriguing combination of the two.
An estimated 28 percent of rentals are single family homes. And of those, only two percent are owned by institutional investors. (Source: Meyers Research) Christopher Todd Properties sees that as a business opportunity.
Change is in the air
There has been a significant shift in the housing market. For the second decade in a row, rental home demand will exceed own-homed demand, according to demographers. As Millennials are waiting longer before purchasing their first homes and Baby Boomers are looking to downsize, the single-family rental market is gaining momentum.
Christopher Todd Properties is keenly aware of this trend and we believe that given the option of renting a single-family home in a planned rental community versus leasing in a traditional apartment complex, the decision is easy. Our renters get the privacy of a technology-forward single-family home with a beautifully-landscaped backyard in a gated community designed specifically for their needs.
7.2 million new renters nationwide from 2009 to 2016
(Source: Census Bureau,
Bureau of Labor Statistics)
41% of Phoenix residents are renters
Christopher Todd Properties currently has five communities under construction in the Phoenix metro area with many more sites in the pipeline. We have outlined an aggressive growth path, not only in Arizona but across the country. As a privately-held company, we are entertaining investor opportunities.
A Bit About Our Growth Plans
To be recognized as the Largest Privately Held Developer
of Single Level Luxury Rental Communities in the Nation.
Planned Homes by State – 10 Year Forecast
Includes Franchise and Other Partnership Ventures
We all know that location is king in real estate development. We typically look for 15-25 acres sites, preferably zoned for multi-family, located in areas with a solid population or growth potential, convenient to retail and business corridors.
If you have a parcel we should consider, please contact us.
Be A Part Of The Christopher Todd Evolution.
Christopher Todd Properties is actively looking to expand across the U.S. and is evaluating a variety of delivery methods, including licensing/franchising opportunities. If interested, let’s begin a dialogue.